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Gold/Mining/Energy : GLAMIS GOLD - GLG -- Ignore unavailable to you. Want to Upgrade?


To: Ed McGrane who wrote (272)2/16/2000 11:47:00 PM
From: James N. Wilson  Read Replies (2) | Respond to of 459
 
<IMHO GLG was just a lot more undervalued than the rest>

Hi Ed - it seems that other investors agree !

bloomberg.com

Three Gold Stocks to Consider
By John Dorfman

"Price-to-book-value ratios may be a bit more revealing. On this score, Glamis looks like the best bargain, selling for 1.0 times book value (corporate net worth per share). Barrick, based in Toronto and the biggest in the group by market capitalization, also looks like a bargain at 1.8 times book. Battle Mountain, based in Houston, looks relatively expensive at 6.3 times book. "